Business

Awards honour standout Vietnamese banks

A ceremony for the Vietnam Outstanding Banking Awards 2019 was held in Ho Chi Minh City on November 27 by the Vietnam Banks Association and the International Data Group (IDG).
Awards honour standout Vietnamese banks ảnh 1At the Joint Stock Commercial Bank for Investment and Development (BIDV) (Photo: VNA)

Hanoi (VNA) – A ceremony for the Vietnam Outstanding BankingAwards 2019 was held in Ho Chi Minh City on November 27 by the Vietnam BanksAssociation and the International Data Group (IDG).

Held annually since 2012, the awards aim torecognise and honour banks with excellent performance and significantcontributions to the development of the banking sector and the financial sectorin general.

In addition to helping banks look back on their performance and reviewthe quality of their products and services, the awards also help customers tofind reputable banks.

According to the organising board, most banks have focused on developing retailsales, and digital and e-banking services to improve customers’ experience.

The Joint Stock Commercial Bank for Investment and Development (BIDV), MilitaryCommercial Joint Stock Bank (MB Bank) and Sai Gon Thuong Tin Commercial JointStock Bank (Sacombank) were the winners of Outstanding Retail Banking Award.

The Outstanding Digital Banking Award went to Lien Viet Post Joint StockCommercial Bank (LienVietPostBank), Tien Phong Commercial Joint Stock Bank(TPBank), and Vietnam Joint Stock Commercial Bank for Industry and Trade(Vietinbank).

Sai Gon Commercial Joint Stock Bank (SCB), Vietnam International CommercialJoint Stock Bank (VIB) and Vietnam-Russia Joint Venture Bank (VRB) werehonoured for their outstanding innovative banking products and services.

The Outstanding Bank for Green Credit Award was presented to Bac A CommercialJoint Stock Bank (Bac A Bank), Ho Chi Minh City Development Joint StockCommercial Bank (HD Bank), and Nam A Commercial Joint Stock Bank (Nam A Bank).

Meanwhile, the Outstanding Bank for Small and Medium Enterprises Award went to BaoViet Commercial Joint Stock Bank (Bao Viet Bank), MB Bank, and Sai Gon – HanoiCommercial Joint Stock Bank (SHB).

The Vietnam Bank for Agriculture and Rural Development (Agriculture) and SHBreceived the Outstanding Bank for Community Award thanks to their charitableand poverty reduction activities.

Agribank was also praised for its investment in high-tech agriculture withtotal loans of more than 20 trillion VND (861.9 million USD).

In addition, Moca Technology and Services Corporation (MOCA), M_Service OnlineMobile Service Joint Stock Company (MOMO) and Vietnam Payment Solution Company(VNPAY) were named Excellent Fintech Firms./.
VNA
#Vietnam Outstanding Banking Awards 2019#Vietnam Banks Association#International Data Group (IDG)#banking sector#financial sector#BIDV#commercial banks#vietnamplus#Vietnam News Agency
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